• Title/Summary/Keyword: Company Value

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The Role and Importance of Core value for Customer Satisfaction and Sustainablity Management (소비자만족과 지속가능 경영을 위한 기업의 핵심가치의 역할과 중요성 -L-그룹 사례를 중심으로)

  • Kim, Sung-Gun;Lee, Jae-Jin
    • Journal of Digital Convergence
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    • 제11권5호
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    • pp.211-223
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    • 2013
  • In today's rapidly changing business environment, "core value" has been emerging for companies to survive as "going concern" and respond to the conditions of the market environment and prosper together as the uncertainty about the future grows. LG Way states the contents to achieve "Number 1 LG" which is the vision of LG through achieving "Do it the right way and concentrate to what we can do best" which is the LG behavior methods through "value creation for customers" and "management of human dignity" which are LG corporate philosophy. It provides directions of various management activities and institutional development and also provides the foundation of core competencies. the core value provides the future directions in an uncertain business environment and plays an important role in maintaining a continuous going concern through members of the organization and the growth of the organization. Therefore, in order for the core values to be shared among the members of the company, the chief executive officer of the company should present a clearer core value. By conducting continuous monitoring if the members have properly settled, they should be able to conduct going concern by the core value acting as the source of competitive advantage of the company.

Estimation of Consumers Valuation by Attributes of Green Jujube Chip (청대추칩의 속성별 소비자 가치 추정)

  • Ha, Hyun-Jung;Lee, Sang-Hak;Choi, Se-Hyun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • 제14권10호
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    • pp.4830-4836
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    • 2013
  • This research was launched as an attempt to help create a new value-added product called "Green Jujube Chip." To accomplish the objectives, consumers value by attributes of Green Jujube Chip should be estimated. We used Choice Experiment for analysis, which we used to arrive at pricing of specialty jujube chips based on the conditional logit model. As a result, MWTP were estimated at 1333 Won/unit for Mid-size Company Product, 1752 Won/unit for Large Company Product, 1703 Won/unit for University Affiliation, 350 Won/unit for packing unit, 548 Won/unit for rating the raw fruit, 1,322 Won/unit for HACCP, and 1,166 Won/unit for ISO22000. The consumer's WTP for Green Juju Chip, associated with the university-brand recognition, was higher than a product produced by a mid-sized company but lower than a product by a large company. Given how the consumers regard the university-brand product as a specialty item, it is necessary to create value-added products that meet such high expectation. Therefore, we recommend the producers to acquire HACCP Food Safety Certification and the value-added product has used the highest quality raw fruit.

Corporate Governance and Value Relevance in Indonesia Manufacturing Companies

  • MURDAYANTI, Yunika;ULUPUI, I Gusti Ketut Agung;PAHALA, Indra;INDRIANI, Susi;SUHERMAN, S.
    • The Journal of Asian Finance, Economics and Business
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    • 제7권11호
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    • pp.335-346
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    • 2020
  • This study aims to describe the role of corporate governance as a moderator in electronic financial disclosure that adopts Extensible Business Reporting Language (XBRL) and Company Characteristics on value relevance. The population in this study was all manufacturing companies listed on the Indonesia Stock Exchange from 2017 to 2018, totaling 166 companies. The sampling technique used purposive sampling method, namely, manufacturing companies that publish fully audited financial statements by December 31 of the year 2017-2018. The method used in this research is a quantitative description using the financial statements of manufacturing companies listed on the Indonesia Stock Exchange that have adopted XBRL during the 2017-2018 period. The data analysis method used is multiple regression analysis with moderating variables. The results of this study show a negative and insignificant effect of XBRL on value relevance, a significant negative effect of size on value relevance, a positive and insignificant effect of growth on value relevance, and a significant positive effect of profit on value relevance; meanwhile, corporate governance moderation variable has an insignificant effect in all hypotheses. Suggestions are to increase the number of variables that have an important role in value relevance and expand the number of research objects to be compared.

The Effect of Intellectual Capital and Good Corporate Governance on Financial Performance and Corporate Value: A Case Study in Indonesia

  • ANIK, Sri;CHARIRI, Anis;ISGIYARTA, Jaka
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.391-402
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    • 2021
  • This study aims to analyze the impact of the company's financial performance in mediating the relationship between Intellectual Capital and GCG on Corporate Value in banking companies listed on the Indonesia Stock Exchange (IDX). Also, this study analyzes the direct effect of intellectual capital and GCG on corporate value and the indirect effect through the company's financial performance. This study develops research of Chen et al. (2005) and measures Intellectual Capital with VAIC (Pulic, 1998). VAIC model is more accurate to measure Intellectual Capital because it can show potential intellectual use efficiently. The data used are banking companies listed on the IDX in 2014-2016 with purposive sampling technique and Data Analysis Technique used are path analysis. The results showed that the financial performance of banking companies was proven to mediate the relationship between intellectual capital and GCG. The role of GCG that can improve financial performance and corporate value is only GCG as measured by the ratio of independent commissioners and audit quality. Meanwhile, the financial performance and corporate value audited by the Big 4 will be greater than the financial performance and corporate value of the banking companies listed on the Indonesia Stock Exchange that are not audited by the Big 4.

Using QFD implementation to decide for design of electronic wave shielding paint characteristics (QFD 전개에 의한 전자파 차단도료 설계 특성 결정 방법 ; S사 사례연구 중심으로)

  • 박재현;강경식;이광배
    • Journal of the Korea Safety Management & Science
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    • 제2권4호
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    • pp.139-151
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    • 2000
  • Developing a new commercial product, it is need to connect the end users demand of quality to the industrial technology of company. For this reason, this study is to build up the users demand for the imminent marketing product of a certain company by Analytic Hierarchy Process, analyze quantitatively users subjective thoughts collected by Group Consensus, calculate the added-value of users demands and verify the consistency of users opinions by consistency-exponential-calculation. The added value obtained by this method is substituted into a user-demand item of Quality Function Deployment. And, the technical characteristic data transferred from the extracted essential factor for developing and manufacturing a new product is substituted into a technical characteristic item of QFD. The faculty of quality is firstly finished by this procedure. But, because the relation a technical characterization with users demand do not be known in new product, Wassermans method was introduced for the correlation users demand with technology and for the processing and marketing of a new product. The all assumption on this thesis was based on the reliable real data of a certain company.

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New Business Models for Telecommunications Company in Aging Society (고령화 사회 환경 변화에 대응하는 정보통신 산업 비즈니스 모델 설계)

  • Lee, Young-Ho;Kim, Young-Wook;Kim, Young-Jin;Kim, Hye-Won;Lee, Jeong-Min
    • Korean Management Science Review
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    • 제23권3호
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    • pp.195-207
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    • 2006
  • In this paper, we develop the business model of telecommunication company that facilitates to explore new business opportunities on aging society. Considering the trend of aging society, we analyze the market drivers of senior market. Analyzing market dynamics and value chain, we design a set of business models for telecommunication company. In addition, we describe the evolution path of the proposed business model in terms of technology development and market. Finally, we develop a framework for evaluating the effectiveness of the business model.

Stress Index Development for Piping with Trunnion Attachment Under Pressure and Moment Loadings

  • Lee, Dae-hee;Kim, Jong-Min;Park, Sung-ho
    • Nuclear Engineering and Technology
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    • 제29권4호
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    • pp.310-319
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    • 1997
  • A finite element analysis of a trunnion pipe anchor is presented. The structure is analyzed for the case of internal pressure and moment loadings. The stress results are categorized into the average (membrane) stress, the linearly varying (bending) stress and the peak stress through the thickness. The resulting stresses are interpreted per Section III of the ASME Boiler and Pressure Vessel Code from which the Primary(B$_1$), Secondary(C$_1$) and Peak(K$_1$) stress indices for pressure, the Primary (B$_2$), Secondary(C$_2$) and Peak(K$_2$) stress indices for moment are developed. Based on the comparison between stress value by stress indices derived in this paper and stress value represented by the ASME Code Case N-391-1, the empirical equations for stress indices are effectively used in the piping stress analysis. Therefore, the use of empirical equations can simplify the procedure of evaluating the local stress in the piping design stage.

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A Simulation Study on Dispatching Rule Using Customer Clustering Method (고객 클러스터링 기법을 활용한 할당규칙의 시뮬레이션 연구)

  • Yang, Kwang-Mo;Park, Jae-Hyun;Kang, Kyong-Sik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • 제29권1호
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    • pp.26-33
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    • 2006
  • The potential needs as well as visible needs of customer should be considered in order to research and analyze of the customer data. The methods to analyze customer data is classified into customer segmentation, clustering analysis model, forecasting customer response probability model, analysis of the customer break rate model and new customer analysis model by the purpose. In this study, we developed the CW-CLV (Correlation Weight Customer Lifetime Value)method that used AHP(Analytic Hierarchy Process)rule for enhance the reliability of customer data and quantitative analysis of the customer segmentation, based on CLV(Customer Lifetime Value). We suggest to new variables and methodology from determined CW-CLV coefficients, because all of companies respect to the diversified customers classification and complexity of consumers needs. Finally, we unfolded any company's scheduling added new methodology using simulation and leaded conclusion about the new methodology.

A Study of Exhaust Air Flow for Cooling Load Reduction from Interior Lighting (조명발열 배기시스템의 배기위치에 따른 배기열량 실험연구)

  • Oh, Byung-Kil;Chung, Min-Ho;Won, Jong-Seo;Lee, Hun
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • 제25권1호
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    • pp.1-6
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    • 2013
  • This study aims to reduce cooling energy by grasping kinds of heating load in building in order to decrease cooling energy in summer and eliminate efficiently heating load. Lighting heating value was confirmed through examination and experiment concerning lighting heating and reducible exhaustion value was extracted lighting apparatus. The optimal exhaust system by air conditioning type was suggested for applying lighting heat exhaust system and the method contributing to promotion supplying low energy architecture was suggested by predicting reduced cooling load.

The Impact of Company's Environmental Orientation on Satisfaction, Organizational Commitment, and Loyalty (기업의 환경 지향성이 직원 만족, 조직 몰입, 충성도에 미치는 영향)

  • Young-Mi Jeon
    • Journal of Information Technology Applications and Management
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    • 제31권4호
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    • pp.163-178
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    • 2024
  • The development of industry since the Industrial Revolution has caused environmental destruction and is threatening to destroy the order of the Earth's ecosystem. Due to the severity of environmental problems, companies are facing a crisis where they may lose competitiveness if their management strategies do not prioritize environmental issues. This study studied the impact of a company's environmental orientation on employee satisfaction, organizational commitment, and loyalty. This study studied the impact of a company's environmental orientation on employee satisfaction, organizational commitment, and loyalty. As a result of the study, the internal and external environmental orientation of the company on satisfaction had a significant positive influence and were all adopted, while the internal and external environmental orientation on organizational commitment were all rejected as they had no significant impact. Satisfaction was found to have a significant positive (+) effect on organizational commitment and a significant positive (+) effect on loyalty, so both were adopted. Organizational commitment was adopted because it had a significant positive effect on loyalty, and internal and external environmental orientation had no significant effect on loyalty, so it was all rejected. A company's green environmental orientation plays an important role in a company's sustainable growth and can be formed based on the company's will. Therefore, this study shows that a company's environmental orientation improves the company's environmentally friendly image and provides positive value to organizational members, leading to improved corporate performance.